Shell bonus rebels want Job to go: Times
Angry investors in Shell are calling for the head of Peter Job, the director at the centre of last week’s pay revolt, the Sunday Times reported.
The paper says shareholders think the removal of Job should be the first step in the shake-up of a boardroom criticised as being out of touch.
The changes are being demanded after Shell’s renumeration committee agreed to pay bonuses to executives even though they missed their performance targets.
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‘He should go,’ a top institutional investor told The Sunday Times. ‘He’s been there too long. He’s clearly not in tune with the mood of investors.’
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